How the Bankers place a nation in ever increasing debt with their 'interest' charges.
http://www.blissful-wisdom.com/how-the-bankers-place-a-nation-in-ever-increasing-debt.html
Let's start with the truth of the situation. Our country and our religion, our politicians and our bankers, could use a little mercy now.
http://www.youtube.com/watch?v=IT7NiFpJmvI
http://www.blissful-wisdom.com/how-the-bankers-place-a-nation-in-ever-increasing-debt.html
Let's start with the truth of the situation. Our country and our religion, our politicians and our bankers, could use a little mercy now.
http://www.youtube.com/watch?v=IT7NiFpJmvI
Confessions of an Economic Hit-Man
This is a two minute, cartoon explanation of how the world works, narrated by John Perkins, author of "Confessions of an Economic Hit-Man"
http://www.youtube.com/watch?v=m-dsiufhMu0
Perkins talks about how mega-billion dollar loans to Iceland (in good financial standing at the time) to build an unnecessary, gigantic, hydro-electric plant ...brought the country to bankruptcy.
http://www.youtube.com/watch?v=vYzSDw-3r5I&NR=1&feature=fvwp
Here is a short interview with John Perkins who discusses his history as an economic hit-man, how the IMF and World Bank control and manipulate the economics of developing nations, how U.S. agents organize revolutions or assassinations of nation leaders, and how international corporations, the US Administration, and IMF actually run the whole show.
http://naturalnews.tv/v.asp?v=83B1AF93091799E7CEB88C5C459A530B
This is a two minute, cartoon explanation of how the world works, narrated by John Perkins, author of "Confessions of an Economic Hit-Man"
http://www.youtube.com/watch?v=m-dsiufhMu0
Perkins talks about how mega-billion dollar loans to Iceland (in good financial standing at the time) to build an unnecessary, gigantic, hydro-electric plant ...brought the country to bankruptcy.
http://www.youtube.com/watch?v=vYzSDw-3r5I&NR=1&feature=fvwp
Here is a short interview with John Perkins who discusses his history as an economic hit-man, how the IMF and World Bank control and manipulate the economics of developing nations, how U.S. agents organize revolutions or assassinations of nation leaders, and how international corporations, the US Administration, and IMF actually run the whole show.
http://naturalnews.tv/v.asp?v=83B1AF93091799E7CEB88C5C459A530B
If you grew up in the 1950s and 1960s, you remember a time when the average husband could easily support his family - without putting his wife to work.
You remember a banking system that was a good, honest steward of your money.
And you remember when a dollar was a dollar... and every dime and quarter was made of 90% silver.
Today, millions of two-income families are struggling to make ends meet.
The banking system rakes in billions of profits, while the qualifying age of the Canada pension plan has been pushed from 65 to 67 years.
The same $1 that once bought you three gallons of gas will only buy you one-fourth of a gallon. And the price of everything else, from health care to food to electricity and even college tuition continues to soar.
Make no mistake, this dollar crisis is destroying the North-American middle class.
Its chief architects have been in the US, the privately controlled "Federal Reserve", and in Canada, the governor of the Bank of Canada who encourages high interest rates, and the issuance of government debt by privately controlled Chartered Banks.
How the private Banking industry is a con.
For example: A private bank gets 200 hundred thousand dollars in deposits. Under the 'fractional reserve' banking system, Banksters are allowed to loan out that 200 hundred thousand dollars....twelve times. Thus, one person gets the original 200 hundred thousand, and eleven other borrowers get their $200,000 money 'created out of nothing' (ie: a computer entry).
So, when you or I take out a 200 hundred thousand dollar mortgage loan to purchase a house, while the bank simply makes a computer entry to create that fictional 200 hundred thousand dollar loan, you and I must do 'real' work, 'real' labor and earn 'real' wealth to pay off not only the original 200 hundred thousand dollar loan, but if it takes us 25 years to pay off the mortgage then we will also have to pay 'compiling' interest charges on that loan which would amount to another 200 hundred thousand dollars. Thus, Banksters get 400 thousand dollars of our real, hard-earned wealth, for every 'fictional' $200,000 dollars they create and loan to the borrower.
Once the general population understands this, the dominoes start to fall in place.
Deryl Zeleny Exposes the MASSIVE Corruption of Governments & Banks
Next, a 27 year veteran of the Canadian Armed Forces explains massive corruption of Governments and the Banking industry not only in Canada, but across the globe.
http://www.youtube.com/watch?v=JohPhG9oXlY
Following is a recent report as of May 9th, 2013.
Retired Captain Deryl Zeleny was unlawfully held in custody for four days as Canadian foreclosure machine unsuccessfully attempted to silence him.
http://kauilapele.wordpress.com/2013/05/09/deryl-zeleny-one-man-campaign-update-of-5-7-13-interview-with-chri9s-hale-mp3s/
In this new interview with Captain Deryl Zeleny, Royal Canadian Air Force (retired), we cover the latest series of events in Deryl’s campaign to reveal to the world the corrupt nature of the Canadian banking/court/police/ mortgage-foreclosure machine. This interview first summarizes Deryl’s story to date and picks up the story from when a removals team, including a representative from a company purported to be the manager of properties, foreclosed on by the Bank of Canada.
Deryl had returned to his property to protect it and his possessions, as he had discovered that deliberate theft of heavy equipment by agents acting for the bank as is his right in Canada had occurred. When he asked the property managers to leave on the basis they were trespassing on his property for unlawful purposes, the police were called and arrested Deryl.
That began a 3 night, four day battle of nerves as the Crown Solicitors tried to impose unlawful sanctions to stifle Deryl’s ability to communicate this incident to his wide audience which includes the military. The initial charge of trespass which should have resulted in a ticket and a brief visit to the police station, magically became a criminal charge of forcible entry at the request of the Bank of Canada.
In order to be bailed out the Crown stipulated that a surety (guarantor) had agree to supervise Deryl and that he not be allowed to publish, use the internet, telephone or communicate with his “followers”. (You mean the one people?) He spent three nights in three different facilities as they feared “crowds” might gather. Deryl rejected all attempts to gag his communications as part of the bail terms and when his surety pointed out to the last solicitor that they were attempting to politically censor Deryl, the Crown capitulated and removed the communications bans. He was released from Quinte Detention Centre, Ontario on Friday 3rd May 2013. The details are in the interview.
http://kauilapele.wordpress.com/2013/05/09/deryl-zeleny-one-man-campaign-update-of-5-7-13-interview-with-chri9s-hale-mp3s/
21 Trillion dollar hoard hidden from taxman by global elite
There is no such thing as the 'trickle-down effect'. Because the wealthy .001% do not really believe in abundance, they hoard their wealth in offshore accounts. Instead of 'recycling' their wealth back into the economy...instead of paying their fair share in taxes and reducing national deficits...they stop the flow of abundance to the working citizens by hoarding that wealth in 'protected offshore banking institutions' ...all out of fear of losing their billions and trillions. The wealthy global elite do not believe in abundance, they believe in 'lack'. Hence, hardly a 'trickle' of that wealth is ever shared across the globe.
http://www.guardian.co.uk/business/2012/jul/21/global-elite-tax-offshore-economy?INTCMP=SRCH
Rigging the Libor - the inter-bank lending rate and one of the primary benchmarks for short-term interest rates.
http://www.youtube.com/watch?v=KnnLQ1n6bcM&feature=player_embedded
Ben Bernanke, chairman of the Federal Reserve, told the US Senate that he could not guarantee that libor rates were no longer being manipulated.
Timeline of the Rate-fixing scandal
http://www.aljazeera.com/news/europe/2012/07/2012717114448228725.html
The Fed, Ben Bernanke and the rotten Libor
Ben Bernanke had an obligation as Fed chair to expose and stop the rigging of inter-bank lending rates. http://www.aljazeera.com//indepth/opinion/2012/08/201287104553581785.html
The Confiscation of Savings in Canada? Cyprus-Style “Bail-Ins” Proposed by Ottawa Government
By The Economic Collapse Blog
Financial Terrorism by the International Monetary Fund
http://www.blissful-wisdom.com/financial-terrorism-by-the-international-monetary-fund.html
You remember a banking system that was a good, honest steward of your money.
And you remember when a dollar was a dollar... and every dime and quarter was made of 90% silver.
Today, millions of two-income families are struggling to make ends meet.
The banking system rakes in billions of profits, while the qualifying age of the Canada pension plan has been pushed from 65 to 67 years.
The same $1 that once bought you three gallons of gas will only buy you one-fourth of a gallon. And the price of everything else, from health care to food to electricity and even college tuition continues to soar.
Make no mistake, this dollar crisis is destroying the North-American middle class.
Its chief architects have been in the US, the privately controlled "Federal Reserve", and in Canada, the governor of the Bank of Canada who encourages high interest rates, and the issuance of government debt by privately controlled Chartered Banks.
How the private Banking industry is a con.
For example: A private bank gets 200 hundred thousand dollars in deposits. Under the 'fractional reserve' banking system, Banksters are allowed to loan out that 200 hundred thousand dollars....twelve times. Thus, one person gets the original 200 hundred thousand, and eleven other borrowers get their $200,000 money 'created out of nothing' (ie: a computer entry).
So, when you or I take out a 200 hundred thousand dollar mortgage loan to purchase a house, while the bank simply makes a computer entry to create that fictional 200 hundred thousand dollar loan, you and I must do 'real' work, 'real' labor and earn 'real' wealth to pay off not only the original 200 hundred thousand dollar loan, but if it takes us 25 years to pay off the mortgage then we will also have to pay 'compiling' interest charges on that loan which would amount to another 200 hundred thousand dollars. Thus, Banksters get 400 thousand dollars of our real, hard-earned wealth, for every 'fictional' $200,000 dollars they create and loan to the borrower.
Once the general population understands this, the dominoes start to fall in place.
Deryl Zeleny Exposes the MASSIVE Corruption of Governments & Banks
Next, a 27 year veteran of the Canadian Armed Forces explains massive corruption of Governments and the Banking industry not only in Canada, but across the globe.
http://www.youtube.com/watch?v=JohPhG9oXlY
Following is a recent report as of May 9th, 2013.
Retired Captain Deryl Zeleny was unlawfully held in custody for four days as Canadian foreclosure machine unsuccessfully attempted to silence him.
http://kauilapele.wordpress.com/2013/05/09/deryl-zeleny-one-man-campaign-update-of-5-7-13-interview-with-chri9s-hale-mp3s/
In this new interview with Captain Deryl Zeleny, Royal Canadian Air Force (retired), we cover the latest series of events in Deryl’s campaign to reveal to the world the corrupt nature of the Canadian banking/court/police/ mortgage-foreclosure machine. This interview first summarizes Deryl’s story to date and picks up the story from when a removals team, including a representative from a company purported to be the manager of properties, foreclosed on by the Bank of Canada.
Deryl had returned to his property to protect it and his possessions, as he had discovered that deliberate theft of heavy equipment by agents acting for the bank as is his right in Canada had occurred. When he asked the property managers to leave on the basis they were trespassing on his property for unlawful purposes, the police were called and arrested Deryl.
That began a 3 night, four day battle of nerves as the Crown Solicitors tried to impose unlawful sanctions to stifle Deryl’s ability to communicate this incident to his wide audience which includes the military. The initial charge of trespass which should have resulted in a ticket and a brief visit to the police station, magically became a criminal charge of forcible entry at the request of the Bank of Canada.
In order to be bailed out the Crown stipulated that a surety (guarantor) had agree to supervise Deryl and that he not be allowed to publish, use the internet, telephone or communicate with his “followers”. (You mean the one people?) He spent three nights in three different facilities as they feared “crowds” might gather. Deryl rejected all attempts to gag his communications as part of the bail terms and when his surety pointed out to the last solicitor that they were attempting to politically censor Deryl, the Crown capitulated and removed the communications bans. He was released from Quinte Detention Centre, Ontario on Friday 3rd May 2013. The details are in the interview.
http://kauilapele.wordpress.com/2013/05/09/deryl-zeleny-one-man-campaign-update-of-5-7-13-interview-with-chri9s-hale-mp3s/
21 Trillion dollar hoard hidden from taxman by global elite
There is no such thing as the 'trickle-down effect'. Because the wealthy .001% do not really believe in abundance, they hoard their wealth in offshore accounts. Instead of 'recycling' their wealth back into the economy...instead of paying their fair share in taxes and reducing national deficits...they stop the flow of abundance to the working citizens by hoarding that wealth in 'protected offshore banking institutions' ...all out of fear of losing their billions and trillions. The wealthy global elite do not believe in abundance, they believe in 'lack'. Hence, hardly a 'trickle' of that wealth is ever shared across the globe.
http://www.guardian.co.uk/business/2012/jul/21/global-elite-tax-offshore-economy?INTCMP=SRCH
Rigging the Libor - the inter-bank lending rate and one of the primary benchmarks for short-term interest rates.
http://www.youtube.com/watch?v=KnnLQ1n6bcM&feature=player_embedded
Ben Bernanke, chairman of the Federal Reserve, told the US Senate that he could not guarantee that libor rates were no longer being manipulated.
Timeline of the Rate-fixing scandal
http://www.aljazeera.com/news/europe/2012/07/2012717114448228725.html
The Fed, Ben Bernanke and the rotten Libor
Ben Bernanke had an obligation as Fed chair to expose and stop the rigging of inter-bank lending rates. http://www.aljazeera.com//indepth/opinion/2012/08/201287104553581785.html
The Confiscation of Savings in Canada? Cyprus-Style “Bail-Ins” Proposed by Ottawa Government
By The Economic Collapse Blog
Financial Terrorism by the International Monetary Fund
http://www.blissful-wisdom.com/financial-terrorism-by-the-international-monetary-fund.html
How To Be a Crook
http://www.youtube.com/watch?v=2oHbwdNcHbc&feature=share
http://www.youtube.com/watch?v=2oHbwdNcHbc&feature=share
Something is up:
450 Banker Resignations ?
http://americankabuki.blogspot.ca/p/131-resignations-from-world-banks.html
It has grown to 594 Banker resignations.
http://mariokenny.wordpress.com/2012/04/17/list-consists-of-594-banker-resignations/
Vladimir Putin - Russia Issues International Arrest Warrant For Rothschild & Soros
For those who do not understand, Russia is one of the top member nations in the UN Security Council.
http://www.youtube.com/watch?v=DpO3PArAoUQ&feature=player_embedded
450 Banker Resignations ?
http://americankabuki.blogspot.ca/p/131-resignations-from-world-banks.html
It has grown to 594 Banker resignations.
http://mariokenny.wordpress.com/2012/04/17/list-consists-of-594-banker-resignations/
Vladimir Putin - Russia Issues International Arrest Warrant For Rothschild & Soros
For those who do not understand, Russia is one of the top member nations in the UN Security Council.
http://www.youtube.com/watch?v=DpO3PArAoUQ&feature=player_embedded
A Brief History of the Bank of Canada - its success followed by its demise
Vancouver Island resident, Bill Abram, speaks about the crime of the Canadian Banking system
http://www.youtube.com/watch?NR=1&feature=endscreen&v=q7HMt5MgsDg
See the video for graphs and explanations:
http://vimeo.com/21102860
In 1934, or thereabouts, The 'non-private', Bank of Canada was created as a Government-owned bank. It was created to help build our air-force and naval fleet, our railways, our St. Lawrence seaway, the Trans Canada highway, our pensions, and our social security system....interest free ( or minimal interest charges to say the least). The Government wisely spent this Bank of Canada-issued money, without having to pay exorbitant 'interest' charges. If there were any 'interest charges' they were immediately recycled back into the federal government coffers. From 1939 to 1970, Canada's federal Government had a minimal national debt of under 18 billion dollars.
Since 1974, private bankers (Chartered Banks) have taken over the issuance of loans to the Government....and today Canadian taxpayers pay out 60 billion 'extra' dollars per year as 'interest' charges to these 'privately-controlled' Chartered banks. It is also a salient point to note that the combined federal/provincial 'corporate' tax rates began to be reduced dramatically, beginning in the late 60's. This also reduced federal government revenues on a consistent basis. Today in 2012, corporate tax rates in Canada are half what they were in the early 60's. That is a tremendous loss of government revenue to say the least.
Where is the 'trickle down' effect of these policies?
The national debt in Canada has grown in the last 40 years to almost 600 billion dollars. Our wealth is disappearing to private lenders. For example: from 1981 to 1995, the Government collected 619 billion dollars in income tax. But because our debt was owed to 'private-controlled' Chartered' banks, instead of the Government-owned Bank of Canada, the Government paid out 428 billion dollars in 'interest charges' to the 'private' banking institutions in that 14 year period! That means that 3/4 of all income tax collected in Canada goes to paying off the private banking 'interest charges' on the federal debt.
This explains where our income tax dollars are going. In America, it was stated by President Ronald Reagan that 100 % of income tax collected went to pay the 'interest charges' to the privately-controlled Federal Reserve. http://circleof13.blogspot.ca/2008/04/1984-grace-commission-report-under.html
And once people understand this, then we see that the Bank of Canada must control the issuance of Government debt once again. Over-taxation, selling off of crown corporations, privatization, and cuts to services across the country is not necessary. The ' interest' charges must be eliminated from our Government's future borrowing. The mega-billion dollar federal debt can, thus, be paid off. Government borrowing can be 'interest free'....or reduced dramatically.
Stop paying out 60 billion dollars per year in 'interest' charges to private banking firms. Then, funding for higher education, 'preventive' healthcare, infrastructure development, and mega-projects to encourage green energy technologies, can be found. The Canadian Government, and the populace, can re-circulate that wealth, as they did from 1939 to 1970, without increasing the national debt.
Imposing Austerity on the World’s Most Resource-rich Country
by Ellen Brown
http://globalresearch.ca/index.php?context=va&aid=30074
When interest rates are reduced or removed, federal government credit goes to work for the citizens of the nation:
This Wikipedia quote sums up the whole scenario.
http://en.wikipedia.org/wiki/Recep_Tayyip_Erdo%C4%9Fan
"As prime minister, Erdoğan implemented numerous reforms. 45 years after Turkey signed an Association Agreement with the EU, the negotiations for Turkey's accession to the EU started during Erdoğan's tenure. Parallel to this, inflation, which had for decades adversely affected the country's economy, was brought under control and the Turkish Lira regained its former prestige through the elimination of six zeros.
Interest rates were reduced and per capita income grew significantly."
Let's hear that again:
"Interest rates were reduced and per capita income grew significantly."
Other points to consider:
1) Canada's 75 Billion Dollar Bank Bailout
The $64 Billion Federal Budget Deficit is intended to Finance Canada's Chartered Banks. 'Chartered Banks' are privately-controlled, for profit, lending institutions.
http://www.globalresearch.ca/index.php?context=va&aid=12007
In a bitter irony, the banks lend money to the federal government to finance the bailout, and with the money raised through the sale of government bonds and T-Bills, the government finances, via the Canadian Housing and Mortgage Corporation, the bank bailout. In other words, those 75 billion dollar federal government loans via CHMC, go right back into the Chartered Banks.
2) Fractional Reserve Banking consists of loaning out 'fictional' reserves
http://www.blissful-wisdom.com/fractional-reserve-banking-fraud.html
In a nutshell, 'Fractional Reserve' banking fraud is where banking financiers only have 'fractional' as opposed to 'complete' reserves to cover their loans. Private banks loan out more money than they have. Banks often loan nine to eleven times more money than they hold in reserve. So in reality, one could say it is a 'Fictional Reserve' banking scam. Their loans are nothing more than 'computer entries'.
http://www.articledashboard.com/Article/The-Fractional-Reserve-Banking-Fraud/652854
Let us not forget that these privately-controlled banking institutions charge 'interest' on all their loans (which are nothing more than computer entries). Even the 'nationalized and non-privately controlled' Bank of Canada successfully funded the federal government of Canada mega-projects from1939-1974, without the need to charge 'interest'....and without putting the nation into 'debt-servitude'. Any interest charges that were collected were recycled back into Federal government revenues, as opposed to going to the privately controlled Chartered Banks.
Congressmen Ron Paul and Dennis Kucinich come clean
- Rid America of the privately controlled Federal Reserve
Video presentation:
http://www.examiner.com/nonpartisan-in-national/america-s-controlled-economic-implosion-video-8
There is nothing federal about the Federal Reserve.
It is a privately-owned institution, for profit by member bankers. It is not likely there are any gold 'reserves' in the Federal Reserve.
An interview with Eustace Mullins: How the Rothschilds created Israel and control the world's economy
https://www.youtube.com/watch?v=mUms50htsuM
It is a privately-owned institution, for profit by member bankers. It is not likely there are any gold 'reserves' in the Federal Reserve.
An interview with Eustace Mullins: How the Rothschilds created Israel and control the world's economy
https://www.youtube.com/watch?v=mUms50htsuM
Solution in simple format
Global Hope - A Plan to End the Global Financial Crisis
http://library.constantcontact.com/download/get/file/1109485758520-2/Global+Hope.pdf
Raising the Standard of Living - The Mondragon Cooperative
Successful Capitalism through Cooperative Industry, Cooperative Banking, and Cooperative Education.
A full length documentary which reveals successful capitalism is brought through the implementation of Cooperative manufacturing and industrial plants, Cooperative banking institutions, and Cooperative healthcare and education initiatives.
http://www.blissful-wisdom.com/raising-the-standard-of-living---the-mondragon-cooperative.html
Iceland's solution - Prosecute the Bankers
http://beforeitsnews.com/story/2019/906/Icelanders_didnt_bail_out_the_Bankers_-_They_prosecuted_them_and_created_something_new..html
No news from Iceland… why?
How come we hear everything that happens in Egypt but no news about what’s happening in Iceland:
http://www.naturalnews.com/035779_Iceland_mortgage_debt_economy.html
In Iceland, the people has made the government resign, the primary banks have been nationalized, it was decided to not pay the debt that these created with Great Britain and Holland due to their bad financial politics and a public assembly has been created to rewrite the constitution.
And all of this in a peaceful way.
A whole revolution against the powers that have created the current crisis. This is why there hasn’t been any publicity during the last two years: What would happen if the rest of the EU citizens took this as an example? What would happen if the US citizens took this as an example.
This is a summary of the facts:
2008. The main bank of the country is nationalized.
The Krona, the currency of Iceland devaluates and the stock market stops.
The country is in bankruptcy
2008. The citizens protest in front of parliament and manage to get new elections that make the resignation of the prime minister and his whole government.
The country is in bad economic situation.
A law proposes paying back the debt to Great Britain and Holland through the payment of 3,500 million euros, which will be paid by the people of Iceland monthly during the next 15 years, with a 5.5% interest.
2010. The people go out in the streets and demand a referendum. In January 2010 the president denies the approval and announces a popular meeting.
In March the referendum and the denial of payment is voted in by 93%. Meanwhile the government has initiated an investigation to bring to justice those responsible for the crisis, and many high level executives and bankers are arrested. The Interpol dictates an order that make all the implicated parties leave the country.
In this crisis an assembly is elected to rewrite a new Constitution which can include the lessons learned from this, and which will substitute the current one (a copy of the Danish Constitution).
25 citizens are chosen, with no political affiliation, out of the 522 candidates. For candidacy all that was needed was to be an adult and have the support of 30 people. The constitutional assembly starts in February of 2011 to present the ‘carta magna’ from the recommendations given by the different assemblies happening throughout the country. It must be approved by the current Parliament and by the one constituted through the next legislative elections.
So in summary of the Icelandic revolution:
-resignation of the whole government
-nationalization of the bank.
-referendum so that the people can decide over the economic decisions.
-incarcerating the responsible parties
-rewriting of the constitution by its people
Have we been informed of this through the media?
Has any political program in radio or TV commented on this?
No!
The Icelandic people have been able to show that there is a way to beat the system and has given a democracy lesson to the world
Iceland's Supreme Court Upholds Jail Sentences of Four Banking Executives
http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=13238
Former financial regulator Bill Black explains how Iceland took down the banking executives responsible for wrecking the country's economy - February 23, 2015
References:
The relationship of International Monetary Fund, World Bank, and Bank for International Settlements
http://www.bibliotecapleyades.net/sociopolitica/sociopol_globalbanking02.htm
American Laws Most Americans Should Know
http://www.bibliotecapleyades.net/sociopolitica/esp_sociopol_nwo71.htm
OECD report reveals bribes in company deals average $14million
Examination of 400 cases shows 57% of bribes were paid to win public procurement contracts, with most occurring in wealthy countries http://www.theguardian.com/business/2014/dec/02/oecd-report-14m-dollars-bribes-company-deals
The relationship of International Monetary Fund, World Bank, and Bank for International Settlements
http://www.bibliotecapleyades.net/sociopolitica/sociopol_globalbanking02.htm
American Laws Most Americans Should Know
http://www.bibliotecapleyades.net/sociopolitica/esp_sociopol_nwo71.htm
OECD report reveals bribes in company deals average $14million
Examination of 400 cases shows 57% of bribes were paid to win public procurement contracts, with most occurring in wealthy countries http://www.theguardian.com/business/2014/dec/02/oecd-report-14m-dollars-bribes-company-deals
